22 August 2019

Latest articles for European Commission


Facebook's Libra faces anti-trust review by EU watchdogs

21 August 2019  |  3552 views  |  1 News

Competition watchdogs at the European Commission have begun probing potential anti-trust issues relating to Facebook's digital currency project Libra.


European Commission steps up action to combat money laundering

24 July 2019  |  1642 views  |  0 Company announcement

The European Commission is today adopting a Communication and four reports that will support European and national authorities in better addressing money laundering and terrorist financing risks.


EU pushes for cross-border instant payments

21 June 2019  |  14583 views  |  6 News

The European Commission is hosting a roundtable in Brussels as part of an ongoing intiative to push the development and availability of cross-border instant payments for European consumers and businesses.


Commission fines banks EUR1.07 billion for forex spot fixing

16 May 2019  |  7202 views  |  0 News

Traders from Barclays, RBS, Citigroup, JPMorgan and MUFG who used chat rooms to fix the spot forex market have cost their employers EUR1.07 billion in fines following an investigation by EU antitrust authorities,.


Mastercard and Visa to slash inter-regional fees for tourist cards in EU

29 April 2019  |  11525 views  |  3 News

Mastercard and Visa have agreed to cut interchange fees for payments made in Europe by cards issued elsewhere by an average of 40% following an EU anti-trust investigation.


European Commission sets up fintech innovation forum

03 April 2019  |  9350 views  |  0 News

The European Commission has launched a European Forum for Innovation Facilitators (EFIF), to improve cooperation and coordination of national regulatory bodies in support of the region's booming fintech economy.


European Commission welcomes agreement on more robust supervision of central counterparties

14 March 2019  |  2663 views  |  0 Company announcement

The Commission welcomes the political agreement reached today by the European Parliament and EU Member States to ensure a more robust and effective supervision of central counterparties (CCPs) offering services to the EU.


Commission welcomes agreement on new rules to improve SME access to capital markets

06 March 2019  |  1982 views  |  0 Company announcement

The Commission welcomes the political agreement reached today by the European Parliament and Member States on new rules that will further help small and medium-sized enterprises (SMEs) to finance their growth, innovate, and create jobs.


EC considers regulatory push for TIPS instant payments

26 February 2019  |  18622 views  |  0 News

The European Commission is pondering a "regulatory push" to encourage adoption of the new TIPS instant payments service and make it a genuine rival to the card schemes and tech giant-built digital wallets.


EU Parliament passes new rules on cross-border payment charges

15 February 2019  |  20711 views  |  3 News

European parliamentarians have voted in favour of new rules which will force banks to slash fees on cross-border euro payments between EU countries that are in the euro zone and those that are not.

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